Tag: UK Hotel industry
LXi REIT to sell £210m Travelodge hotel portfolio
LXI REIT, a real estate investment trust incorporated in England and Wales, has responded to recent press speculation regarding the potential sale of 66 Travelodge hotels. The company...
Dalata snaps up London hotel for £53.4m
Ireland-based hotel operator Dalata Hotel Group has agreed to acquire the long leasehold interest of the Apex Hotel London Wall for £53.4 million (€62.2...
UK hotel transaction volumes reach £3bn in 2022
UK hotel transaction volumes reached £3 billion in 2022, with the total annual investment volume c.30% below the five-year average, according to the global...
Aareal Bank refinances UK hotel portfolio for Tristan’s fund
Aareal Bank has completed a £239.9 million senior loan to refinance the acquisition of a hotel portfolio in UK for a fund advised by...
Israeli hotel group buys historic hotel in London
Israeli hotel company Fattal Group, the owner of Leonardo Hotels UK & Ireland, has acquired the historic Dilly Hotel in London, England. Opened in 1908,...
ICG, Pro-invest form UK hospitality joint venture
Intermediate Capital Group's real estate arm ICG Real Estate and Pro-invest Group, an investor in hotels and commercial property assets, have formed a joint...
Blackstone, Bourne Leisure agree sale of Butlin’s
Blackstone and Bourne Leisure have agreed to the sale of Butlin's, the iconic British seaside resorts, to a newly formed company backed by the...
Chinese firm acquires Fernie Castle Hotel in Scotland
Chinese real estate company MDJM's wholly owned subsidiary in the United Kingdom, MD Local Global Limited (MD UK), has agreed to acquire Fernie Castle Hotel,...
Whitbread acquires prime freehold property in central London
Whitbread PLC has acquired a prime freehold property on the Strand in central London, located just off Trafalgar Square. Subject to planning, 5 Strand will become the...
UKCM invests in £62.7m in Leeds hotel development
UK Commercial Property REIT (UKCM) has acquired a hotel development opportunity in Leeds for £62.7 million. The REIT purchased the property from Marrico (Sovereign Square)...
